$2,300,000

Prime Retail Investment - Value Add
* Strong leases in place - Mt Gravatt Medical Centre & Skin Cancer
Cosmetic Medicine
* Mixed use commercial investment
* Approx 8 car spaces
* Acquire neighbouring block and value add
Mount Gravatt is situated only 10 kilometres south east of the Brisbane CBD. It has excellent access off the Pacific Motorway and direct access off Mt Gravatt Capalaba Rd. Mt Gravatt has a large commercial presence and is one of Brisbane's best established commercial office and retail precincts. Mt Gravatt has an excellent mix of commercial and office developments that is situated amongst a large residential catchment making it very central for businesses that like to be between their Brisbane to Gold Coast clients.
The Mt Gravatt Corridor Neighbourhood Plan check with Brisbane City Council Logan Road Precinct (3)
Gross Income $184,084.92 per year
Outgoings: $17,036.60 per year (City Council Rates, Water Rates
Electricity & Insurance)
Net Income $167,048.30 per year

Four shops in total